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Natural Gas > Unitization
The following information is about Unitization.
Unitization Defined
Joint operation of several leases, usually for economic or conservation reasons. Frequently a whole pool or field is unitized to prevent unnecessary drilling and to conduct secondary recovery projects.A term used in connection with Continuing Property Record Unit. Unitization is the process of assigning work order costs to applicable property record units.
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Off-site Unitization Links, User Submitted
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- Unitization: long article on unitization
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